NOKOMIS, Fla.--()--After a brief reorganization, Rainbow Coral Corp.’s (OTCBB: RBCC) biotech subsidiary, Rainbow Biosciences, has announced plans to follow through on three new deals for the company this quarter.
In a continuing effort to build shareholder value, RBCC will work toward closing three biotechnology projects in the next few months, with the expectation to close one before the end of the quarter.
The company’s current deal flow includes work with RBCC’s current partners and investment targets on new marketing initiatives as well as two new deals the company is excited to announce soon. RBCC has prioritized the commercialization of new innovations in stem cell research, cell culturing and the diagnosis and treatment of deadly neurological diseases.
Rainbow BioSciences is working to develop new medical and research technology innovations to compete alongside companies such as Cell Therapeutics, Inc. (NASDAQ: CTIC), Biogen Idec Inc. (NASDAQ: BIIB) and Elan Corp. (NYSE: ELN).
For more information on Rainbow BioSciences, RBCC’s biotechnology division, please visit www.rainbowbiosciences.com/investors.html.
About Rainbow BioSciences
Rainbow BioSciences, LLC, is a wholly owned subsidiary of Rainbow Coral Corp. (OTCBB: RBCC). The company continually seeks out new partnerships with biotechnology developers to deliver profitable new medical technologies and innovations. For more information on our growth-oriented business initiatives, please visit our website at [www.RainbowBioSciences.com]. For investment information and performance data on the company, please visit www.RainbowBioSciences.com/investors.html.
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